Can Blockchain Solve the Hold-up Problem in Contracts? - Elements in Law, Economics and Politics - Holden, Richard (University of New South Wales, Sydney) - Books - Cambridge University Press - 9781009001397 - November 18, 2021
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Holden, Richard (University of New South Wales, Sydney)
Can Blockchain Solve the Hold-up Problem in Contracts? - Elements in Law, Economics and Politics New edition

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Conventional contract technologies to ensure commitment—liquidated damages—are disfavored by courts and themselves subject to renegotiation. Smart contracts written on blockchain ledgers offer a solution. We explain the basic economics and legal relevance of these technologies, and we argue that they can implement liquidated damages without courts.

75 pages, Worked examples or Exercises

Media Books     Paperback Book   (Book with soft cover and glued back)
Released November 18, 2021
ISBN13 9781009001397
Publishers Cambridge University Press
Pages 58
Dimensions 228 × 152 × 9 mm   ·   102 g
Language English  

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